India’s approach to managing its state-owned enterprises has taken a notable turn. For years, the government’s strategy was characterised by aggressive privatisation, aiming to offload large segments of its more than Rs 50 lakh crore state sector.
He assured that the government will continue to support these initiatives.
Public sector undertakings (PSUs) that have been fined by stock exchanges have told them that the appointment of directors lies…
Out of the 16 operational central public sector enterprises (CPSEs) under the administrative control of the heavy industries ministry, five CPSEs including Heavy Engineering Corporation (HEC) and Hindustan Machine Tools (HMT) are making losses.
Union Minister Jitendra Singh said the government has roped in PSUs for the installation or the exercise would be done exclusively by the specialised government agencies.
Instead of selling PSUs during Covid times when their full value may not be realised, the Government could have gone in for cutting wasteful expenditure. For example, Centrally Sponsored Schemes and Central Sector Schemes that account for Rs. 14.32 lakh crore of annual expenditure, urgently call for review, with closure or modification of badly performing schemes
Union minister Nitin Gadkari on Tuesday said it was the government’s duty to support well- performing public sectors units, and…
Outgoing Niti Aayog Vice Chairman Arvind Panagariya has said the closure of 18-20 sick public sector units (PSUs) have gone…
Retail investors of Reliance Mutual Fund Central Public Sector Enterprises-Exchange Traded Fund (CPSE ETF) have, on the final day on…
The government has permitted five public sector banks to raise about Rs.950 crore from markets, Parliament was informed on March…
